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20130101
20130131
Search Results 0 to 14 of about 15 (some duplicates have been removed)
LINKTV
Jan 18, 2013 2:00pm PST
.5%, and a similar story for the euro stoxx 50. in new york, trading still under way for the dow jones industrial average, and it is not doing a lot. very little change. the euro trading for $1.3323. >> the chairman of a german steel producer has admitted to making mistakes, saying his supervisory board could have done better, but those mistakes have led to some huge losses for the company. >> the executive dick -- the executive is accused of failing to stop multi-billion dollar projects that went wrong. >> shareholders and employees are pointing the finger at the supervisory board chairman. they accuse him of failing to question bad board decisions. at the general meeting, he fought back, saying he has no intention of stepping down. >> if you ask me whether as a board we could have done things better, i will honestly say yes. we trusted people for too long. we could or should have acted sooner, but we did act once we saw what was going on if we had the appropriate facts, and we acted with resolve. >> hopes for the company's future lie with the new ceo. he fired three top executives last month af
LINKTV
Jan 11, 2013 2:00pm PST
spending millions on their campaigns. his people are young and the international and they are not as euro-skeptic as the majority of czechs. >> i'm afraid of many. the european union is doing now. his opinions are a bit more extreme. >> many people seem to be taking his licks in stride or even liking them. as before voting began, their orders to beating up campaign newspapers in the cafes. >> i'm not sure if this is the right guy for a presidency, but he is an interesting one. >> while he attracts all the media attention, there's little interest in the front runners, like the conservative former prime minister who also once headed the office of statistics. we asked the foreign minister if they oppose the establishment. >> i think they are fed up with politicians. >> it is that sentiment that has gotten him this far in the campaign. commentators have called him a potential king-maker. he is not a politician. his latest opera recently premiered and it is a science fiction work in which amphibian's take over the world. they are too clever for the human. they will show that they can also be c
LINKTV
Jan 10, 2013 2:00pm PST
to ease terms on its multi-billion euro bailout loan. the irish prime minister has told eu officials that solving his country's debt crisis is his top priority. >> the eu commission president was in dublin on thursday for a meeting to coincide with ireland taking over the rotating presidency. he also praised the irish government's efforts to bring its debt down. >> the irish prime minister and his deputy are looking ahead to six months at the helm of europe. it is a chance to tout ireland as proof that the u.'s reforms for the debt crisis can work. >> economic growth was stronger than expected at the end of last year. the deficit is lower than predicted. >> the irish government itself is confident. it aims to use its experience to help the e you find a way out of the current crisis. >> obviously, the president and his team are very conscious of ireland's own recovery story. we will work very diligently and energetically in terms of our agenda. >> ireland's first task will be to forge compromise on the eu budget in february. other priorities are boosting growth and progress toward an
LINKTV
Jan 21, 2013 2:00pm PST
with a crisis on his plate. the dutch finance minister is expected to be named the next head of the euro group later today. the former president is stepping down after eight years on the job. a man replacing him is virtually untested, but he is the only candidate for the job. >> the dutch finance minister looks set to take on an extra job. he has only just become a minister in his own country but he emerged as the candidate from a small country that is a proponent of unpopular budgeting. >> there seems to be a few basis, a new basis for trust, and we have to work to enhance it and strengthen it and to build new growth in jobs on that basis of trust. that is as short as i can say of what needs to be done in the euro group. >> goodbye to the head of the finance minister since 2005. he spent most of his time deal width democratic crisis and says he is eager to understand that over to somebody else. but apart from designating a new head little else of substance is on the agenda. tell leave a pressing decision on a bail out for cyprus until after elections there. >> since i heard the president has
LINKTV
Jan 7, 2013 2:00pm PST
opening date of october this year. over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on that will be continued as before, but further steps need to be taken before a new deadline can be given. >> the board has reportedly known about the delay for weeks. wowereit's opponents are not happy about that. some say it is time for him to go. >> at this point, it must be said that klaus wowereit is no longer fit for the job, especially if it is true that he left the public in the dark for weeks, leading as a -- leaving us a disaster that will cost hundreds of billions of euros or more. >> beyond 2014, there is little indication when the new hub might open its doors. >>
LINKTV
Jan 9, 2013 2:00pm PST
this hour, let's check that out -- up 5.4%. the euro trading down just a tad against the greenback at a value of $1.3056. peugot says sales dropped last year. the automaker was hit by a drop in demand in europe where it sells about 2/3 of its cars. >> sales across the continent have slid as the eurozone crisis deepens, especially in spain and in italy. the company says it will intensify investment outside of europe and is aiming for half of its sales to come from overseas within two years. >> coming up, scientists are warning that the united states is facing severe drought for years to come. >> first, let's take a look at other stories making headlines right now. >> the government of the central african republic has begun meeting with rebels. officials say the negotiations are centering on the revision of a peace agreement signed back in 2007. the various rebel groups say they want to the president to resign. >> each of its president has been meeting with leaders of various palestinian factions. later, he met with the hamas leader. morsi is pushing for a reconciliation 20 two group
LINKTV
Jan 14, 2013 2:00pm PST
. it was a mixed bag. the dax slightly ekes out a gain, about 2/10 of 1%. the euro stoxx 50 was lower. the dow jones industrial average is treading water at 13,509. the euro is dire 0-- higher. the german social democrats are hoping to turn around their falling support in opinion polls by announcing a plan to crack down on income tax evasion by higher earners. the party is planning to make the issue a top campaign topic in the national elections that are taking place letter -- later this year. >> they have been meeting and they and build that plant, which even some inside the party say will not raise -- been meeting and they unveiled that plan, which even some inside the party say will not raise support. >> the social democrat challenger for chancellor says this must stop. >> if the vast majority of german taxpayers feel as if they are the stupid ones for being honest about paying taxes, it begs the question how just is the system in this country. >> the social democrats are calling for a number of measures, including rescinding the licenses of banks accused of systematically helping tax dodge
LINKTV
Jan 8, 2013 2:00pm PST
late in 2012. german companies sold over one trillion euros worth of goods and services by november. that is 4% of on the year before. however, that growth has slowed significantly. in recent months, analysts are blaming weak demand from the eurozone. germany is, of course, one of the world's top exporters. exporters account for almost half of germany's gdp. investors reacted negatively to the deteriorating export situation snuffing out a rally in frankfurt and sending the dax to a - close. our correspondence sent us this summary of the day's trading action from the frankfurt stock exchange. >> a few aspects of the export numbers from germany were well received on the trading floor. for example, the news that demand from other eurozone countries seems to have stabilized. of course, that was not enough to really lift the markets here. investors are a bit hesitant ahead of the earnings report season, and ahead of a meeting of the european central bank's council here in frankfurt this thursday. good news for the eurozone came in for the money markets. the permanent euro rescue fund auc
LINKTV
Jan 15, 2013 2:00pm PST
is down in general. the dax loses 1% at the moment. the euro stoxx 50 is down by 0.75%, waiting for wall street, opening up significantly lower, and the dollar -- the euro is also significantly down. and at air berlin is to cut 900 jobs in the next two years. that is one in 10 of its workers, but it has not said which jobs will be going. >> berlin has been making a loss for years, and the job cuts are part of a plan to save 400 million euros. berlin says it wants to focus on its most profitable routes in germany, switzerland, and austria. during the cold war, germany's bundesbank took a bet by soaring gold reserves around the world and left in there after the collapse of communism. >> last year, official auditors point out that official stockpiles abroad have never actually been counted. >> plans are afoot to bring the bars back home, or at least some of them. >> at least he knows what he has in his hands -- his golden globe is nothing more than a thin layer of 24 karat gold covering up something much less precious, and there is no doubt about the quality of the gold in the bundesbanks e
LINKTV
Jan 26, 2013 6:00am PST
taken. >> another factor comes into the selection -- money. the models cost between 300 euros and 3000 euros per day depending on how in-demand they are. if another designer can offer more, he will lose out. >> money is what it is all about. we come to a fashion trade fair to find out how the clothes get from the cat look to the store. it looks like we may be a bit early. they are still setting up. here they are -- the clothes we saw during the casting. they are being displayed by the sales agent responsible for selling the close to retailers. she is already looking at stress. -- a bit stressed. she said she has things to organize, and mitchell is not there yet. >> we take a look around the trade fair. there were 900 brands there. all kinds of styles, and lots of eccentric fashion bases. these clothes will not be in stores until next winter. it is a paradise for fashion diehards. it is exciting even for us. >> as the fare gets going, more and more buyers arrive from small boutiques and department stores. melanie is showing off her work. >> this is a collection from a berlin designer. >
LINKTV
Jan 12, 2013 2:30pm PST
is concerned about europe's debt crisis. it is calling for too much as 50 million euros in investment paid for by a tax on the wealthy. >> it would be an affordable contribution that would greatly help the people of europe. >> the unions know that the left of central liberal democrats support the plan. other parties will be hard to convince. >> in a moment, we will look back at the shipwreck a year ago. first, a look at headlines across the world. the berlin mayor has survived and a -- a vote of no- confidence. he has agreed to step down as head of the supervisory board. the greek parliament has approved tax hikes led to bring in an extra 2.5 billion year rose in the next 8 years. there is a new -- 2.5 billion euros in the next two years. clashes in the northern ireland capital of belfast continue. rocks and bombs were thrown at police who responded with water canyons -- water cannons. the process were against limiting the days been british flag flies outside city hall. there were more than 4000 people on board the costa cord ia when it crashed one year ago. many people are still coping wi
LINKTV
Jan 17, 2013 2:00pm PST
a boost to shares said that the dax is up by nearly 1%. euro stoxx 50 rising by about 0.75%. there have been some hints that the debt crisis might be solved and that many states are in a pretty good way. >> thanks for that. >> it is election year here in germany. this september, angela merkel will bid for another four years running the country, and this weekend, there's an early test for her coalition. >> ahead of that, merkel and her government have been touting their economic credentials today in parliament. their message -- while growth is slowing this year, germany has weathered the euro crisis pretty well. >> merkel is counting on that message winning the day both this weekend and in september, but the opposition has other ideas. >> with an important state election coming up this weekend in lower saxony, the campaign rhetoric is getting hotter. reporting on the condition of germany's economy, the economics minister was keen to take as much credit as possible for record employment numbers, rising income, and falling debt. >> it is no accident that our economy is in good shape. it is
LINKTV
Jan 16, 2013 2:00pm PST
, and it is lower. as for the euro against the dollar, it is declining. >> when we come back after a short break, the small town in eastern germany that has declared war on the far right npd, as they try to gain a foothold there. >> that and more after the break. >> stay with us. >> thanks for staying with us. >> welcome back. we begin with the story of a small town in eastern germany that has seen the far right npd party convince many residents to give it its support. some have organized to resist that. >> and they have been recognized by germany's jewish community. the group emerged to resist the influence of the neo-nazi npd. the npd set up major headquarters in the town several years ago. >> the party quickly turned into a powerful force. here is a story of how locals who objected organized. >> pretty houses and clean streets. it looks idyllic, but appearances can deceive. there's no industry, and there are few jobs. many young people have moved away. yet, one group is moving in in increasing numbers -- right wing extremists from western germany. leaders of the far right npd party have chose
LINKTV
Jan 6, 2013 2:30pm PST
, budgeting for around 60 million euros. that is half of what was spent when the country last held the role in the 2004 -- in 2004. >> also on monday, in germany gave up its seat on the un security council after wrapping up the 2 -- two-year term as a nonmember. allies weremany's disappointed when the country abstained on a vote to authorize a no-fly zone over libya. among germany's achievements was an initiative which really -- which led to climate change being recognized as a threat to international peace and security. >> as tuesday began, people and many parts of the world celebrated start -- people in many parts of the world celebrated the start of the new year. australia had a fireworks display in sydney's famous harbor. 10 hours later, germany welcomed the new year. the country's biggest street party was held at the brandenburg gate. revelers were treated to a concert featuring big-name bands, including the pet shop boys. and in brazil, more than 2 million people saw in the new year on the famous copacabana beach in rio de janeiro. ♪ one of the last major cities to welcome in 2013 w
Search Results 0 to 14 of about 15 (some duplicates have been removed)